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bearhunter [10]
3 years ago
12

Which of these products is an example of perfect competition?

Business
1 answer:
Helen [10]3 years ago
8 0
A. correct me if im wrong
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2. A company made the following merchandise purchases and sales during the current month
Bezzdna [24]

Answer: You need to subtract the following then add what you have left.

Explanation: For example if you had $300 and you spent 200 you have $100 left

4 0
3 years ago
Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, inte
mylen [45]

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

5 0
2 years ago
On December 31, 2020, Buffalo Company signed a $1,278,400 note to Carla Bank. The market interest rate at that time was 10%. The
Zarrin [17]

Answer:

Explanation:

The detailed steps and calculation is as shown in the attached files.

4 0
3 years ago
When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,
rewona [7]

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

6 0
3 years ago
Blossom Furniture factors $710000 of receivables to Blue Spruce Factors, Inc. Blue Spruce Factors assesses a 2% service charge o
Wittaler [7]

Answer:

Debit : Accounts Receivables : $695,800

Debit : Service Charge Expense : $14,200

Credit : Sales : $710,000

Explanation:

Factoring is a process by which a business sells its accounts receivables to a third party (factor) at a particular discount or service charge. Factoring generally occurs when a business wants to meet it’s immediate cash requirements. The factoring company in this case, charges 2% service fee of $710,000 accounts receivables. In monetary terms this is : 710,000 x 2% = $14,200. This amount would be an expense incurred by the business. The double entry to record this transaction in the books of the business is as follows:

Debit : Accounts Receivables : $695,800

Debit : Service Charge Expense : $14,200

Credit : Sales : $710,000

4 0
3 years ago
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